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The John Batchelor Show

#I#MARKETS: Risk management and ages 50-80. Kiplinger's News Letter. Simon Constable

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 25 July 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

#I#MARKETS: Risk management and ages 50-80. Kiplinger's News Letter. Simon Constable
https://www.kiplinger.com/investing/why-your-investments-must-change-as-you-age-and-how-to-do-it

1912 WALL STREET

Transcript

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0:00.0

Oh, he's cute. Mr. I can never sleep when I'm traveling. He's hugging his pillow like a sloth on a branch.

0:10.0

He couldn't sleep before. Now listen to him. Sounds like an elephant with a chest infection.

0:15.0

Well, they call him a dreamer. And now they're right.

0:19.0

All aboard, Mr. I can never sleep when I'm traveling.

0:23.0

Find all the comfort you need in the quiet lounge.

0:26.0

Piando Ferries, there is another way. This is the CBSi in the world. I'm John Besser with my colleague and friend Simon

0:39.7

Constable who's assigned by fate to be in the south of France, suffering as he is with the

0:45.6

harvest in the beautiful weather. The Virginia creeper on the side of his

0:50.2

villa climbing so fast he had to risk his neck to get up there to the top of it. of his

0:53.3

neck to get up there to the top of it.

0:55.2

However, while the Virginia creeper grows,

0:57.7

we will speak of people growing their investment portfolio.

1:01.7

Now, Simon, this is about age and risk management or risk appetite.

1:08.0

What have you learned?

1:11.0

Well, a heck of a lot. It was very interesting. This is for the Kiplinger's retirement report. And we looked at what are called model portfolios for people in their 50s, 60s, 70s, and then 80s and beyond.

1:27.1

And then I also wrote a sidebar to go without about how to not lose your mind when the market

1:32.3

plunges.

1:33.4

And we know that it quite often plunges a bit

1:36.4

and then that bounces back.

1:38.5

So what the big message was

1:41.4

is stay in as much stocks,

1:45.0

own as much proportionately in stocks

...

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